Moreover, and further to the statement in the announcement referred to above that the two companies expect the transaction to be complete during the fourth quarter of 2021G, SIIG announces that the two companies are still currently working on obtaining all the regulatory approvals in accordance with the applicable laws and regulations as well as the terms and conditions set out in the Implementation Agreement. Accordingly, the two companies expect the transaction to complete during the first quarter of 2022G, noting that the Implementation Agreement entered into between the two companies is still in effect including any legal and financial obligations thereunder.
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SIIG - Saudi Industrial Investment Group SJSC published this content on 30 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 January 2022 10:36:05 UTC.